Author: ForumIAS

For more equity: on long-term capital gains tax  Context: The Union Budget 2018-19 announced the reintroduction of the long-term capital gains (LTCG) tax for stock market investors. LTCC: The gains would be computed based on the share price on January 31 Long-term capital gains exceeding ₹1 lakh would be taxed at 10% without the benefit… Continue reading For more equity: on long-term capital gains tax 

U.S Energy Secretary to visit India  Context: U.S. Energy Secretary’s visit to India is scheduled in February Energy trade with US Energy trade had prominently featured in Prime Minister Narendra Modi’s first meeting with President Donald Trump in June 2017 India had placed a series of orders for American crude in the following months. Barack… Continue reading U.S Energy Secretary to visit India 

PM to lay foundation stone of temple in UAE  Context: Indian Prime Minister Narendra Modi will be laying foundation stone of temple in UAE What is in news? Prime Minister Narendra Modi will lay the foundation stone of a temple in Abu Dhabi during his visit to the United Arab Emirates (UAE) The UAE granted… Continue reading PM to lay foundation stone of temple in UAE 

Maldives government declares emergency Context: The Maldives government has declared a state of emergency for 15 days. What is the reason behind this declaration? The declaration of emergency came amid political crisis following a Supreme Court order last week to release Opposition leaders from prison. What is the impact? During this, certain rights will be… Continue reading Maldives government declares emergency

The anatomy of another riot  Context: A riot is no longer an act of production where the narrative focusses on causes. But an act of consumption where a variety of narratives create a quilt patch we call history. Kasganj riot: At first sight, the Kasganj riot is presented as an archetypal riot around a standard… Continue reading The anatomy of another riot 

‘When 2 adults marry, none should interfere’  Context: Two adults are free to marry and “no third party” has a right to harass or cause harm to them, said Chief Justice of India Dipak Misra, speaking against honour killings. Case: The court was hearing a petition filed by Shakti Vahini, an NGO, to make honour… Continue reading ‘When 2 adults marry, none should interfere’ 

Agni 1 test-fired off the Odisha coast Context: India successfully test-fired its short-range nuclear capable ballistic missile Agni-1 with a strike rang of over 700 km from a test range off the Odisha coast. Key facts about Agni-1 The 15-metre-long Agni-I weighing 12 tonne can carry payloads up to 1,000 kg. The Strategic Forces Command… Continue reading Agni 1 test-fired off the Odisha coast

Bhutan, Nepal, Bangladesh to be part of India’s tiger census Context: Bhutan, Nepal and Bangladesh will be a part of India’s Tiger estimation exercise What is the news? India’s Tiger Census which had began last year will be coordinated by Bhutan, Nepal and Bangladesh How will this coordinated effort be beneficial? Simultaneous tiger counting by… Continue reading Bhutan, Nepal, Bangladesh to be part of India’s tiger census

First family tree for tropical forests Context: A new discovery published in the international journal Proceedings of the National Academy of Sciences, necessitates a new classification system for plant communities About the Study: To classify tropical forests based on their genetic relationships, scientists contributed almost one million tree samples of 15,000 species from tree plots… Continue reading First family tree for tropical forests

Don’t dump this junk here, says SC Context: The Centre had come to the court with the voluminous affidavit containing a collection of schemes, official correspondence and other documents on solid waste management across the country. But the court refused to take it on record.’ Dengue death The court was hearing a PIL on the… Continue reading Don’t dump this junk here, says SC